Hussein “Sam” Nazzal, 58, Dearborn, Michigan, a businessman, and Edward A. Schneider, 59, Dearborn, an attorney, were found guilty of multiple counts of fraud and commercial bribery after a three-week trial before U.S. District Judge David M. Lawson.
Continue Reading...Archives For November 30, 1999
George Kubini, 48, Verona, Pennsylvania; Dov Ratchkauskas, 46, Pittsburgh, Pennsylvania; Sandra Svaranovic, 52, Pittsburgh, Pennsylvania; and Arthur Smith, 63, Pittsburgh, Pennsylvania, have been indicted by a federal grand jury on charges of conspiracy, wire fraud, bank fraud, filing false tax returns, and failing to file tax returns.
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Alexander A. Romaniolis, 48, Irvine, California, was arrested in Huntington Beach, California, for mortgage fraud relating to an alleged straw buyer scheme.
Armando Granillo, 44, Huntington Beach, California, a former sales associate with Fannie Mae, was named in a federal grand jury indictment that accuses him of taking kickbacks from a real estate broker in exchange for providing him with foreclosed properties to sell on behalf of the mortgage agency.
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James Thomas Webb, 51, has been charged in a 50 count indictment for his alleged role in an appraisal fraud scheme resulting in blighted neighborhoods after borrowers defaulted on the loans.
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David Burrus, Jr., 39, Burns, Tenneesee, formerly of Virginia Beach, pleaded guilty in Norfolk, Virginia, federal court to conspiring to commit mail and wire fraud in conjunction with mortgage loans he obtained from 2005 through 2007.
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John Leadbeater, 54, Kearny, New Jersey, and Daniel Cardillo, 49, Wildwood, New Jersey, have been indicted and charged as alleged conspirators in a $13 million mortgage fraud scam that used phony documents and straw buyers to make illegal profits on overbuilt condos at the Jersey shore are charged in connection with the scheme.
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Ronald Wesley Groves, 71, Sacramento, California, was sentenced to 10 years in prison and Donald Charles Mann, 56, Sacramento, was sentenced to 17 years and six months in prison for retaliating against a prosecutor and FBI agents.
Larry Duwayne Woods, 69, pled guilty in federal court in Florence, South Carolina, to wire fraud in connection with a condominium development project.
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Myra Holmes, Vallejo, California, was convicted by a federal jury of one count of Bankruptcy Fraud, one count of Bank Fraud, and three counts of Making a False Statement to a Bank.
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